6020 Creedmoor Road, Raleigh, NC 27612 ~ Cell: (919) 280-2726 ~ Erin@HomesInRaleigh.org

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Raleigh Housing Market
December 2015

Homes in Wake County
Data from Triangle Multiple Listing Service

Closed Sales
Average Sales Price
Average Days On Market Until Sale
Number of Homes For Sale

December
2014
1,445
$278,164
63
3,956

December
2015
1,576
$254,700
49
3,327

Annual
Change
+9.1%
+4.9%
-22.2%
-15.9%

A Balmy December in NC

• Raleigh Closed Sales: December sales are strong after a little dip in November. December sales were up over 9% from last December sales.

• Average Raleigh Sales Price: December had an average sales price of $291,677. That's in increase of over 4% over last year.

• Days On Market: The average days on market before a sale is at 49. That's down 22% from last December.

• Raleigh Active Listings: The number of active listings continues to roll downhill. Listings are down almost 16% from last year. THUD.

Warm weather keeps the season bright for both buyers and sellers.

December sales activity picked up after a very brief slowdown in November. Things are buzzing as we head into 2016. December turned out to be very strong this year, much stronger than prior years, which we take as a good sign. Even with the seasonal dip the sales were strong.

We expect the year to forecast well for 2016. We can definitely say that the Spring selling season as begun even as this year is closing out. People are already planning trips to NC to see what we have to offer. If you are looking to catch the early birds now is the time to get on the market. Snowbirds come, look, buy and fly home to pack. If you are planning a visit Please Contact us, we'd love to show you around!

If you're looking for a No Hassle-No Pressure Realtor to show you around we'd love to help. We specialize in the Triangle communities and surrounding areas. We sell a lot of homes so we know what we're doing. We love meeting people and helping them find their Dream Home. Contact us and we can help you too :-)

Raleigh Home Buyers and Sellers

Feel free to contact us with your questions. We're easy to talk to and we can answer any questions you might have about current market conditions, interest rates or where Raleigh home prices are headed. If you're interested in talking about listing your home we'd be happy to provide our recommendations on how best to proceed to market your home.

We'll also provide you with a Raleigh Neighborhood Report that will let you know what has been happening with home sales in your individual neighborhood.

The Raleigh Housing Market Reports below will give you a detailed look inside the current and past Raleigh Area Housing Market.

If you have questions about the Raleigh Real Estate Market,
or what your Raleigh home is worth Email Us or Call me Today at 919-280-2726

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